Buying An Airbnb Property In Orlando Or Kissimmee

[Mohamad Khan]

Hi All!

So i am thinking of making my next real estate investment move in Florida. I am thinking of doing STR through Airbnb so i wanted some information on if Orlando or Kissimmee is a good Airbnb market and if i can find a good STR for around $100-150k. If anyone has any specific locations or types of properties i should be looking at do let me know! I will be flying out 6 months from now to scope out all relevant information i get from the good folks here! Need to find some good realtors that can help me out and need information with mortgage brokers, property managers etc. This will be a new market for me since it is out of state since i am from NY. Do let me know if i missed any information, more than happy to add on in the thread below!

A little background. I do have rental/investment properties in NYC/Buffalo, but wanted to expand into STR and i think Orlando/Kissimmee would be ideal due to it being a tourist hot spot attraction.

[Tyler Gibson]

@R.J. Petrillo you got it right. The excise tax is something you will pay anywhere in Florida. Every country has it. Orlando did severely looking STR within the city limits. That is the trick within the city limits which is relatively small compared to the larger metro area.